LiveRamp Holdings Inc’s stock (RAMP) continues to rise above its goal

At the time of writing, LiveRamp Holdings Inc [RAMP] stock is trading at $24.17, up 0.29%. An important factor to consider is whether the stock is rising or falling in short-term value. The RAMP shares have gain 1.00% over the last week, with a monthly amount drifted -2.62%, and not seem to be holding up well over a long-time horizon.

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From an analyst’s perspective:

Previously, The Benchmark Company upgraded its rating to Buy on June 21, 2023, and kept the price target unchanged to $33. On September 20, 2022, The Benchmark Company initiated with a Hold rating. BMO Capital Markets upgraded its rating to a Outperform but stick to its price target of $48 on March 15, 2022. BMO Capital Markets downgraded its rating to Market Perform for this stock on March 04, 2021, and downed its price target to $65. In a note dated July 09, 2020, Craig Hallum initiated an Buy rating and provided a target price of $65 on this stock.

For the past year, the stock price of LiveRamp Holdings Inc fluctuated between $21.45 and $42.66. Currently, Wall Street analysts expect the stock to reach $47.8 within the next 12 months. LiveRamp Holdings Inc [NYSE: RAMP] shares were valued at $24.17 at the most recent close of the market. An investor can expect a potential return of 97.77% based on the average RAMP price forecast.

Analyzing the RAMP fundamentals

According to LiveRamp Holdings Inc [NYSE:RAMP], the company’s sales were 681.55M for trailing twelve months, which represents an 14.21% jump. Gross Profit Margin for this corporation currently stands at 0.73% with Operating Profit Margin at 0.01%, Pretax Profit Margin comes in at 0.04%, and Net Profit Margin reading is 0.01%. To continue investigating profitability, this company’s Return on Assets is posted at 0.0, Equity is 0.01 and Total Capital is 0.0. Upon thorough examination of the company’s fundamental financial framework, it becomes apparent that the debt-to-equity ratio stands at 0.04.

Before buying any particular stock, readers tend to pay close attention to the indicators that support and create resistance. The company’s stock is currently sitting at 23.95 points at the first support level, and at 23.73 for the second support level. However, for the 1st resistance point, the stock is sitting at 24.29, and for the 2nd resistance point, it is at 24.41.

Ratios To Look Out For

It is important to note that LiveRamp Holdings Inc [NYSE:RAMP] has a current ratio of 3.09. On the other hand, the Quick Ratio is 3.09, and the Cash Ratio is 1.65. Considering the valuation of this stock, the price to sales ratio is 2.36, the price to book ratio is 1.70 and price to earnings (TTM) ratio is 287.74.

Transactions by insiders

Recent insider trading involved TOMLIN DEBORA B, Director, that happened on Sep 26 ’24 when 9765.0 shares were sold. CHIEF PRODUCT OFFICER, Bloomston Kimberly completed a deal on Sep 26 ’24 to sell 4000.0 shares. Meanwhile, Director TOMLIN DEBORA B bought 9765.0 shares on Sep 26 ’24.

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